Spread across 10 acre, the project will offer one-room-kitchen and one and two-BHK homes ranging from 227 sq ft to 462 sq ft, and priced between Rs 13.62 lakh and Rs 27.74 lakh, the company said in a release.

The Securities and Exchange Board of India (Sebi) received the draft documents for Hydro S&S Industries rights issue, through lead manager Keynote Corporate Services, on May 22 and issued its 'observations' on August 5.

Deccan Gold , in March, had filed draft papers with Sebi through its lead merchant banker, SPA Capital Advisors. The Securities and Exchange Board of India (Sebi) issued its final observations on the draft offer documents on July 17, that is necessary for any company to go-ahead with a rights issue.

The company has received an engineering procurement and construction (EPC) order of Rs 286.11 crore, from Uttar Pradesh Housing & Development Board for construction of multi storied residential finished flats, in Lucknow.